Mediterra reports more than $50 million in first-quarter sales

Home and homesite sales at Mediterra topped $50 million for the first quarter, surpassing half of all 2012 sales in only three months.

The market rebound was confirmed in recently released sales figures from the Naples Area Board of Realtors, which reported double-digit increases in closed and pending sales in the area's $1 million to $2 million range from first-quarter 2012 to the first three months of 2013.

NABOR reported the median sales price for homes in the $1 million-to-$2 million and $2 million-plus categories increased by $35,000 and $187,000, respectively. In February alone, pending sales were up 23 percent in the $2 million-plus range.

The 1,700-acre master-planned Mediterra community is the seven-time winner of the Collier Building Industry Association's Sand Dollar Award for Community of the Year.

Planned for fewer than 950 homes, Mediterra's master plan includes more than 1,000 acres dedicated to open space with golf, parks and nature preserves. All of the community's amenities are membership-owned.

Available home designs in Mediterra include single-family estate homes and single-family maintenance-free villas priced from the $700,000s to more than $7 million.

For more information about Mediterra, visit www.ExperienceMediterra.com, call toll-free 866-954-8939, or visit Mediterra, located on Livingston Road, two miles north of Immokalee Road and west of I-75. The award-winning Mediterra Sales Gallery, which offers Mediterra Realty for resales within the community, is open daily.

This story is contributed by a member of the community and is neither endorsed nor affiliated with Naples Daily News.